The well-known venture capitalist and cryptocurrency investor Tim Draper has revealed his four-year prediction after holding back his statements in a few interviews some weeks ago. Now Draper, who correctly predicted bitcoin’s price would surpass $ 10,000 USD per coin by 2018, believes in just four years the price will be $ 250,000.Also read:…

The bitcoin price crossed the $ 8,000 mark earlier this week, supported by a massive spike in buy volumes across all major cryptocurrency exchanges. Analysts explained that a sudden surge in demand from institutional investors and inflow of new capital may have triggered the surge in the bitcoin price.Google Alert – bitcoin

How high can Bitcoin rise? Well, according to venture capitalist and Bitcoin bull Tim Draper, get reading for the cryptocurrency to reach $ 250,000 in four years. “Serious winds (of change) at our block (chain) party last night,” the founder of Draper Fisher Jurvetson wrote on Twitter regarding his Thursday …Google Alert – bitcoin

The recent rally in bitcoin came at an opportune time for Silicon Valley-based venture-capital firm Draper Associates, which last night announced its much anticipated prediction for the No. 1 digital currency. Speaking to a crowd of tech enthusiasts outside Draper University, Tim Draper, founder and …Google Alert – bitcoin